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Home Front: Politix
Obama to unveil 300 bn dollar tax cuts
2011-09-08
[Iran Press TV] US president Barack B.O. Obama's new job creation package includes billions of dollars of tax cuts for the unemployed and construction spending to stimulate the country's shaken economy.
The tax cuts are just extensions, and there's no such thing as a 'shovel-ready' construction project in the U.S. of A. given our EPA...
Obama is expected to unveil his USD 300 billion plan to Congress on Thursday, to get the Americans working again, the News Agency that Dare Not be Named reported.

"I'm going to propose ways to put America back to work that both parties can agree to, because I still believe both parties can work together to solve our problems," Obama said in a Labor Day speech in Detroit.
Crowd warm-up provided by Jimmy Hoffa, Junior.

Meanwhile,
...back at the ranch, Butch and the Kid finally brought their horses under control...
the Republicans who control the US House of representatives have attacked his plans in advance of president's prime-time speech.

The jobless rate and the sluggish recovery from the country's worst recession will be central issues as Obama runs for re-election next year. The US economy is in a critical situation as the national unemployment rate is stuck above 9 percent.

While the US economic growth stalled to a devastating rate of 1 percent in the second quarter, following an even more shocking 0.4 percent in the first three months of 2011, US president Barack Obama and his administration have come under increased pressure to take steps to jump start growth and reduce unemployment.
Posted by:Fred

#22  Ah, our Toronto troll is back.

And he's not even pretending to be civil.

Or smarter-than-thou.

Gads, what an ugly Canadian.
Posted by: Pappy   2011-09-08 21:58  

#21  (It could be worse. He could drive a.... well, you know.)
Posted by: Thing From Snowy Mountain   2011-09-08 20:18  

#20  Toronto troll shows up pretending to be Dutch. Again.

You know what this means, right?

Drink up!
Posted by: Thing From Snowy Mountain   2011-09-08 20:17  

#19  That even a whiff of a suggestion of a hint of less than perfect job security for his little life on a random blog causes such a reaction from the troll tells us everything we need to know about what kind of "man" he really is.

Public functionary-itis.

Posted by: no mo uro   2011-09-08 20:07  

#18  Ah, our Toronto troll is back.
Posted by: lotp   2011-09-08 20:00  

#17  That sort of comment, VDG, is worthy of the fourth-grader level retort:

It takes one to know one.
Posted by: Bobby   2011-09-08 19:35  

#16  "Disband all Fed (and State for that matter) government unions. If they strike, fire all of them."

You are officially an idiot. Get a life Teabagger...
Posted by: Van Der Groot   2011-09-08 19:32  

#15  Make null and void all regulations at all levels of government passed after 1992, and rigorously enforce the ones that are left.

While a good idea, the mere pruning back of the regulatory state would do little long-term good as there would remain strong impetus on the drivers of the present problem (politicians & big businesses who conspire to grow regulation explosively) to simply re-regulate as quickly as possible.
Posted by: AzCat   2011-09-08 15:47  

#14  The problem is that due to corruption, ineptitude, or politics (see: "Hurricaine Katrina", "New Orleans"), the disaster response system gets bypassed or short-circuited.

But then again, it's a hell of a lot easier to type up a bullsh*t hit-list for the Old Fart Email Network than it is to research what's wrong and then hold the bastards accountable.
Posted by: Pappy   2011-09-08 15:14  

#13  Amen, Pappy - I'm filling out forms just this AM for disaster response and Recovery tasking for my local Gov't employer. They are call/critical tasking lists from SAIC, who I guess is contracting for coordinating this stuff into a quick and easy "disaster local response database" that can be also used by County/State/Fed responses to say...a large quake or fire. I get the bridges, roads, and utilities that cross with them....
Posted by: Frank G   2011-09-08 14:10  

#12  Get rid of FEMA and FEMA regions. Tell the governors of the states that they now have the mission. Pre-position MRE's, cots, porta-potties and tentage where it can be flown in to disaster areas. Put the Air National Guard in charge of transportation, set-up, and policing.

If the disaster-response procedure (it's online and takes about as long to find as it did to publish this blather) is followed, that's essentially what's supposed to happen. If the lower-level government entity can't handle it, it goes to the next higher one.

Local->county->state->federal.

If. It. Is. Followed.


Posted by: Pappy   2011-09-08 12:56  

#11  Even though most of the slobbering media will continue to portray Obama's "Direct aid to local governments" component as a vehicle to help teachers and first responders this scheme deserves alot of scrutiny. Oh, there will be pleanty of payola targeted twoards the urban areas to keep Maxine and the CBC at bay. And there'll be enough grease to keep Trumpka and Hoffa from squealing too loud. But you can bet there's a good share of the boodle left over for smack-dab in conservative districts. You can almost hear Axelrod now - "Go ahead Cantor...turn it down." The Political class calls it micro-targeting. But really it's just old school Chi-Town politics - Bribe your friends and extort your enemies. Hell, even Ahmadinejad knew the best place to drop off cooking oil was in his fiercest critic's back yard.
Posted by: DepotGuy   2011-09-08 11:55  

#10  Good ideas. Also consider abolishing the Dept. of Education unless they can demonstrate they improve education. The same with the Dept. of Energy. Unless they can demonstrate they make us energy independent get rid of it.
Posted by: JohnQC   2011-09-08 11:39  

#9  26. Resign

It would have an immediate, positive, effect on the stock market. At least until people figured out what Biden stands for.
Posted by: rjschwarz   2011-09-08 10:33  

#8  He's going to increase the "Earned Income Tax Credit", and more people who never pay a penny in taxes are going to get refunds.
Posted by: Rob Crawford   2011-09-08 09:16  

#7  Brer' Rabbit:

"Disband all federal, state, county, and municipal government unions, and make it a felony (treason) to try and organize a new one. If they strike, fire all who do, with the proviso of a lifetime ban on any government work at any level."

Fixed it for ya.
Posted by: no mo uro   2011-09-08 06:04  

#6  Besoeker-

All terrific ideas.

But you left out the most important thing for job growth - removing the hyperregulatory business environment.

My addition to your list:

-Make null and void all regulations at all levels of government passed after 1992, and rigorously enforce the ones that are left.
Posted by: no mo uro   2011-09-08 05:54  

#5  26. Disband all Fed (and State for that matter) government unions. If they strike, fire all of them.
Posted by: BrerRabbit   2011-09-08 03:12  

#4  Here's a thought or two for the US Congress and our genius Colombia University scholar:

1. Provide US industry with a one month TAX Holiday between now and Christmas. If the stock market goes up, extend it for another month, then another, and another.
2. Give sales tax free status to any product still made in the United States (if there are any remaining) for the upcoming Christmas holiday season. If holiday season picks up, extend it to Easter, then Labor Day.
3. Make federal gasoline taxes deductable from Federal and State Income tax for folks driving US made automobiles.
4. Recruit a bunch of steel workers, pipefitters, and welder contractors. Pick a spot out somewhere's (preferably near of a major oil and gas trunk line) and build a new oil refinery. Oklahoma and Texas quickly come to mind. When it's done, sell it to an oil company at a discount, and with tax exempt status if they hire American help.
5. Let it be known the South Korean Army now has a robust nuclear capability and bring our US Army 2nd Infantry Division home.
6. Limit unemployment insurance to 179 days within a 5 year period, no exceptions.
7. Remove the ceiling on money earned by age 62-66 Social Security applicants. Let them work full-time and pay taxes until they're 105 if the wish.
8. Invoice the Mooslim rebels for every dime spent helping them overthrow the Kadaffi regime. Put everyone else on notice that we are a pay-as-you go peace provider. No exceptions.
9. End Federal tax-payer funded college tuition loans. Working your way through college is an education also.
10. Sub-contract the US Federal Prison system to Mexico.
11. Limit the USPS to letters only. Everything else goes Brown or FEDEX. Charge $2.50 per letter. The USPS fiscal problem with fix itself.
12. Replace the Food Stamp program with free MRE's. Two per day per family member. Sign for them at the firehouse or police station. (See item #6 for program duration and limits)
13. Lower the Capital Gains tax to 5% for 2012.
14. Terminate the so-called "Earned Income Tax Credit." (see item #12).
15. Permit hospitals to require an up-front $250,000. charge for anchor baby birthing. (hospitals keep $10,000, US Penal System get's the remainder).
16. Invoice the Germans and NATO for US soldiers and airmen stationed in Germany and elsewhere in Europe. No ticki-no ride.
17. Give the so-called "mission" of the BATF to the FBI. Integrate former ATF agents into local law enforcement.
18. Raise the rent of the UN building in NYC to a non-negociable $ 125B per year with a 5 year security deposit. Gold Bullion only, in advance.
19. Make Sarah Palin the energy Czar. Let her work from home and approve/and monitor drilling in Alaska and off the US coast. Pay her $10m per year, but hold it in escrow unitl she's got us self sufficient with crude oil.
20. Make "Farmer's Markets" tax free zones.
21. End property taxes. Charge a fee, a head tax, for policing, the firehouse, water, sewer, school kids, etc.
22. Set aside public land for private veggie and flower gardens as is done in Europe and elsewhere.
23. Appoint Bill Gates to fix Amtrak and passenger service. Give him a deadline. Start with a new name, like the B&O and Union Pacific.
24. Get rid of FEMA and FEMA regions. Tell the governors of the states that they now have the mission. Pre-position MRE's, cots, porta-potties and tentage where it can be flown in to disaster areas. Put the Air National Guard in charge of transportation, set-up, and policing.
25. Disband the so-called "Federal Reserve" and give fair warning to it's former members that they are being monitored closely!

That's just a start. I have several more.
Posted by: Besoeker   2011-09-08 01:40  

#3  So we're gonna have a $2.0 trillion dollar deficit. Brilliant!
Posted by: Eohippus Phater7165   2011-09-08 01:21  

#2  Cool, extend the tax cuts.

Eliminating the minimum wage would produce more jobs though.
Posted by: American Delight   2011-09-08 00:54  

#1  Tax cuts offset by more government spending. Haven't we been doing this for the past 2 years? Is it working, or am I missing something?

Dumbass...
Posted by: DarthVader   2011-09-08 00:16  

00:00